Using the proper accounts from those below, prepare a calculation for (a) net sales and (b) cost of goods sold, (c) gross profit, and (d) gross profit % Begin. Inventory 12,000 Sales Returns & Allowances 4,000 Rent Expense 8,700 Supplies Expense 3,300 Sales 95,000 Utilities Expense 9,200 Sales Discounts 1,000 Wages Expense 32,800 Ending Inventory 16,000 Net Purchases 58.000